Principles of sustainable development of the economy within the evaluation of the efficiency of social innovative-and-investment projects

Abstract

Responsibility and care over the future represents a stubborn problem. But it is unreasonable not to notice it and assume that the asymmetry between us and the future generations will disappear all by itself. The future is our case and if we do not try to do for the sake of it everything that in our forces, life becomes senseless. The generation of the people who succeeded living have a certain moral value. In this article some approaches to the matter of intergenerational justice are considered. The need to follow the principles of sustainable development of the economy and protection of interests of future generations is proved. The mechanism of taking into of the interests of future generations as the result of implementation of social innovative-and-investment projects relying on the principle of unity of assessment for all concerned parties is provided. The author’s technique of the efficiency evaluation of social innovative-and-investment projects within which taking into account of interests of the future generations is offered to be carried out by the means of a great number of indicators in the following directions is designated: ecology and environment, biodiversity and renewable resources, communities. Within the developed technique of the evaluation of social innovative-and-investment projects efficiency the mechanism allowing to select social projects to implementation based on the indicators, which include the coefficient of taking into account of interests of future generations, is offered. The technique has a certain benefit before the existing approaches, which consists in aiming on the sustainable development of the economy, the possibility of taking into account of interests of all the stake-holders, including future generations, and thus more objective efficiency evaluation of social projects becomes possible.